Competition and Markets Authority

21st Century Fox has increased its assurance over the future of Sky News and the channels independence. The company has doubled the period of time it is prepared to continue running the loss-making news channel, from five to ten years, as long as it is allowed to take over control of Sky. A takeover of […]

The UK’s Competition and Markets Authority (CMA) has set out more detail about what it intends to examine in its investigation into the proposed takeover of Sky Plc by 21st Century Fox. On 20 September, Karen Bradley, the Secretary of State for Digital, Culture, Media and Sport referred Fox’s proposed takeover of Sky to the […]

UK culture secretary, Karen Bradley, has extended the investigation deadline for 21st Century Fox’s planned £11.7 billion takeover of Sky until after the UK general election. In a statement published Friday, Bradley said she had written to UK broadcast regulator Ofcom and the Competition and Markets Authority (CMA), extending the period within which they must […]